New Economics Foundation

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The New Economics Foundation (NEF) is "a radical 'think-and-do' tank, founded in 1986 by the people who led the first Other Economic Summit – a fore-runner to the World Social Forum. It is based on the principles of new economics, and was voted Prospect Magazine’s UK Think Tank of the Year in 2002/3. Working on the UK and international economies and the environment, it seeks to promote well-being, rights and environmental sustainability, and to resolve tensions between these objectives." [1] [2]


According to the Institute for Philanthropy, the stated purpose of the New Economics Foundation is that it "aims to construct a new economy centred on people and the environment. ... Founded in 1986, it is now one of the UK's most creative independent think-tanks, combining research, advocacy training and practical action. ... NEF was founded by the leaders of the 1984 Other Economic Summit (TOES) which challenged the G7 Summit meeting. TOES is now a regular international event bringing voices from the world's poorest countries to the G7 and G8 summits to force issues such as international debt and climate change."

"It advocates social accounting and auditing, indicators for sustainability, social investment and alternative currencies." --Last updated March 4, 2005; accessed June 28, 2005.

Funding (2004)

"nef would like to thank its partners and funders: Administration at Harvard Business School; Advantage West Midlands; The Adventure Capital Fund; The AIM Foundation; Apax Partners; The Ashden Trust; Barclays Bank; The Big Fund (lottery money);The Bretton Woods Project; Bridge House Trust; CAF America; The Carnegie United Kingdom Trust; C. Roland Christensen; Church Urban Fund; City Parochial Foundation; The Civic Trust; CLES; Community Finance Solutions, University of Salford; The Co-operative Bank; Co-operatives UK; The CORE Coalition; Countryside Agency; The Debt and Development Coalition, Ireland; Development Trusts Association; DTI Social Enterprise Unit; East Midlands Development Agency (emda); The Ecology Trust; Environmental Research Trust; The Esmee Fairbairn Foundation; European Microfinance Network; European Social Fund; Financial Times; Forestry Commission; Freshfield Foundation; Global Footprint Network; The Gorbals Inititiative, Glasgow; Dr William Graham-Smith; Groundwork UK; Growing Business magazine; Hadley Trust; HM Treasury; HT and LB Cadbury Trust; Hugh James Darling Dunlop; Indigo Trust; Initiative for the Competitive Inner City (Harvard University); Invest Northern Ireland; The JA Clark Charitable Trust; Joseph Rowntree Foundation; Jubilee Debt Campaign; Jubilee Research supporters; Lloyds TSB; Lloyds TSB Foundation for England and Wales; Local Government Association; Londis; London Business School; London Development Agency; Michael Porter; Monument Trust; NACUW (National Association of Credit Union Workers); NatWest; National Consumer Council; Northern Rock Foundation; Northumberland County Council; Northwest Regional Development Agency; Office of the Deputy Prime Minister; Oxfam; PLANED; Professor Laura Tyson, Dean of London; The Princes Trust; R H Southern Trust; Royal Bank of Scotland Group; Rt Hon Gordon Brown, MP; Sanjiv Lingayah; Scarman Trust; Scottish Enterprise Glasgow; Small Business Service (DTI); Sneinton; Nottinghamshire; Social Enterprise Coalition; Social Enterprise East Midlands; Social Enterprise London; Social Enterprise Partnership (GB) Ltd; Social Firms UK; South East Development Agency; South London and Maudsley NHS Trust; Stockholm Environmental Institute; TechnoPhobia; The Small Business Services Phoenix Development Fund; Sue Porter; Sustain; Time Banks UK; Time Dollar Institute, Washington, D.C.; Tomorrow’s People; Tudor Trust; Unison; University of Bath Centre for Action Research in Professional Practice; University of Salford; University of Surrey; Wales Institute for Community Currencies; Water Aid; WWF; Yorkshire Forward." [1]



People (2014)

Accessed February 2014: [3]



Key Staff (2014)

Older Information

There is no funding information on their website, however, the Institute for Philanthropy states that the NEF's funding sources are:

NEF's total income was £1.3m as of March 4, 2005. [4]


  • "nef works around the UK" [5]

Plugging the Leaks

The "Plugging the Leaks" website was designed by NEF "to provide access to information for people concerned about their local economies. Most of the information on this website builds on the knowledge contained in our two how-to handbooks, Plugging the Leaks and The Money Trail. The website offers supplementary information – case studies, PowerPoint presentations, images, document and survey templates – to assist you in your own work to improve your local economy." [6]

Jubilee Research

"Jubilee Research is part of the Global and National Economics (GNE) programme at nef (the New Economics Foundation, London)." [7] "combines DELIB's leading e-consultation toolkit with the New Economics Foundation e-participation model to create an engaging internet 'discussion forum' ...." [8]


"Small shops have closed at 500 per year"

Rt. Hon. Gordon Brown MP (Labour), speaking of their index of firms promoting inner city development, said that "IC100 will show that even the more disadvantaged inner cities are not the enterprise 'no-go' areas of the past, but the investment opportunities of the future." [9]


External links

NEF Related Websites


Reports by New Economics Foundation


Address:3 Jonathan Street, London, SE11 5NH
Tel:020 7820 6300
Fax:020 7820 6301
Email:info AT

Resources and articles

Related Sourcewatch articles

Former Trustees


  1. 2004 Annual Review, New Economics Foundation, accessed March 3, 2009.
  2. New Economics Foundation Trustees, accessed May 7, 2020.
  3. New Economics Foundation Fellows and Trustees, organizational web page, accessed February 1, 2013.